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Dec 24, 2012
12/12
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this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that needs to be changed so that all of these companies are fracking in the most responsible way possible. >> let me put a fine point on this. bob dean from the nrcd action fund is willing to go along with helping the chinese develop their natural gas reserves so that they don't become too dependent on coal. i think that's news. >> what we're trying to do is to encourage the chinese to promote all kinds of clean technology. we've had an office in beijing since 1995 and 30, 35 people there, we have good contacts in the government. good contacts in the business community and we're making a difference there, but what it's about, is helping the chinese to improve their efficiency. david, their industrial efficiency i
this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that needs to be changed so that all of these companies are fracking in the most responsible way possible. >> let me put...
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Oct 27, 2012
10/12
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FBC
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the fiscal cliff you might have heard about. the next guest preparing to lay off workers, freeze salaries, renegotiate health care benefits. the whole nine yards. present and ceo, michael kelly with me now. what do you fear the most? like, i ask a lot of your colleagues this about what makes the guy like you retrench? what? >> well, we retrenched -- as a matter of fact we've been through the reduction divorce, the expense control, through management salary cuts an the health benefit renegotiations in preparation for the cut. they were clearly evident 12 months ago they were coming for a company like our size. neil: seems reason to get ahead of the curve to clamp down, how much of it was just the world economy? how much of it was fear of watching just sitting and not getting anything done, maybe owing the fiscal cliff thing? break it down. what broke into you saying, you know what? here's what i'm going to do. >> what we were really responding to, sub contracting the big defense companies, and most is defense relatedded saying, h
the fiscal cliff you might have heard about. the next guest preparing to lay off workers, freeze salaries, renegotiate health care benefits. the whole nine yards. present and ceo, michael kelly with me now. what do you fear the most? like, i ask a lot of your colleagues this about what makes the guy like you retrench? what? >> well, we retrenched -- as a matter of fact we've been through the reduction divorce, the expense control, through management salary cuts an the health benefit...
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Oct 26, 2012
10/12
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CNBC
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cliff going down the road. right now a gain of just 2 points but we're finishing the week with a 2% decline on the dow jones industrial average. much more to come. the second hour of "closing bell" getting under way right now. have a good week.
cliff going down the road. right now a gain of just 2 points but we're finishing the week with a 2% decline on the dow jones industrial average. much more to come. the second hour of "closing bell" getting under way right now. have a good week.
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Dec 26, 2012
12/12
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if the fiscal cliff doesn't get resolved, there's no question the u.s. economy is going to go into recession. we closed down our manufacturing in china and relocated to the u.s. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. >>> still ahead on "worldwide exchange," fiscal cliff fiasco. president obama cutting his trip to hawaii short to work a deal that could avoid the fiscal cliff in a few days. we'll break down what's at stake in "your money." >>> if you got fewer presents under the tree, you may be ready. spending numbers are coming in, and they're not pretty. >>> plus, new numbers for apple's ipad mini and more. that's coming up on "worldwide exchange." >>> good morning and welcome to a special edition of "worldwide exchange." i'm jackie deangelis along with seema mody. ross and kelly are off for boxing day. they'll be back tomorrow. >> that's right. >>> let's get a brief check on the markets
if the fiscal cliff doesn't get resolved, there's no question the u.s. economy is going to go into recession. we closed down our manufacturing in china and relocated to the u.s. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. >>> still ahead on "worldwide exchange," fiscal cliff fiasco. president obama cutting his trip...
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Dec 28, 2012
12/12
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FBC
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what we're seeing, if we are not watching the magician doing fiscal cliff tricks, is the elephant in the room is smart companies are able to buy other companies with cash. a couple examples of companies that are buying other companies with cash. the best one's disney. they just bought lucas films for $4 billion financing it with debt. 2% interest rate, $80 million pretax cost, $50 million after tax cost. they pay that for three years, fourth year, they get "star wars" and make a billion dollars. tremendous deal for the shareholders. it's free money. david: essentially free money investing? >> absolutely. you're going to see mergers done for cash. the banks are told by the federal reserve to basically get the money out. they don't want to seem to lend it to mortgages, although, that's getting better, but corporations are buying stocks for cash, and what's important is that the markets figuring this out and pushing them up in the gaming industry. >> john -- >> consolidation. >> john, i want to jump in here. ahead of the choppiness we know occurs over the next few days, hours, it's anyo
what we're seeing, if we are not watching the magician doing fiscal cliff tricks, is the elephant in the room is smart companies are able to buy other companies with cash. a couple examples of companies that are buying other companies with cash. the best one's disney. they just bought lucas films for $4 billion financing it with debt. 2% interest rate, $80 million pretax cost, $50 million after tax cost. they pay that for three years, fourth year, they get "star wars" and make a...
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Dec 29, 2012
12/12
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FBC
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tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r> and some things ar more importanthan winning. #% ♪ sent iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair c
tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen...
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Dec 26, 2012
12/12
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CNBC
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would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very, very strong traffic levels. any time we have weather this year, there will be a head wind and when we have the kind of weather we're seeing today, that will be a significant head wind. i think the fact that mastercard and sharper track pulled back their numbers doesn't bode well for the rest of the year because now of course we're up against it and we're looking at some really significant weather on a big shopping day today and then also tomorrow. >> does that show up in better numbers for online retail? >> i think in principle, yes. i think there will be more people actually shopping today online than t
would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very,...
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Nov 12, 2012
11/12
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FBC
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let's just drive over the fiscal cliff. is that an option? >> it is an option, both politically and economically it will be a mistake because the president learned from the debt shut down. there is a big car full of congress and no deal and it's all poisonous, he is heard as well as congress. he has to be aware of that. and just the economic effects. we have seen some of the effects of the uncertainty now. just imagine going into january with these rates going up. the democrats and the president would try to blame republicans, but it's tricky when you have democrats out there frontally, like the senator saying, this is a big part of our leverage and it would not be such a bad thing if it happened. gerri: i just can't imagine anybody would want to take responsibility for the loss of 2 million jobs and another recession. we may already be in recession, and that is one factor that nobody is talking about. we may be driving right into the teeth of a recession and raising taxes at the same time, which could be a very big problem for this economy.
let's just drive over the fiscal cliff. is that an option? >> it is an option, both politically and economically it will be a mistake because the president learned from the debt shut down. there is a big car full of congress and no deal and it's all poisonous, he is heard as well as congress. he has to be aware of that. and just the economic effects. we have seen some of the effects of the uncertainty now. just imagine going into january with these rates going up. the democrats and the...
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Nov 5, 2012
11/12
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cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocating money today? >> i think you want to be neutral. i think you want to leave your bets at the doorstep and to take win side of the other is gambling and not investing. i think you need to look at those stocks that are really the 1980 stocks, back to the future, if you'll have it. own the companies like kimberly clark, at&t and verizon and those companies where they have steady increases of dividends and strong balance sheets and think long term. >> think longer term, not just fiscal cliff related. mar
cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under...
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Dec 11, 2012
12/12
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cliff clock ticks down. this is what he said earlier on "squawk box." listen up. >> raising tacks is always bad for the economy. that doesn't change. raising taxes is what politicians do instead of reforming government. the reason we haven't reformed entitlements, the reason we haven't reined in spending, politicians go we'll raise taxes and backfill. >> representative kevin yoder, a republican from kansas, sits on the house appropriations committee. a plum assignment especially for a freshman. he's one of a handful of republicans who did not sign the norquist taxpayer protection pledge. congressman yoder, welcome. why didn't you sign the pledge and are you happy you didn't? >> i didn't sign pledges. i don't believe our job is to make a pledge to a third party group. my pledge is to the third party district. as the debate wages on on how to get off the fiscal cliff. i'm not one to make a pledge to a third party group. how do we get through the situation, find the best result for american people. there's a lo
cliff clock ticks down. this is what he said earlier on "squawk box." listen up. >> raising tacks is always bad for the economy. that doesn't change. raising taxes is what politicians do instead of reforming government. the reason we haven't reformed entitlements, the reason we haven't reined in spending, politicians go we'll raise taxes and backfill. >> representative kevin yoder, a republican from kansas, sits on the house appropriations committee. a plum assignment...
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Nov 9, 2012
11/12
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disney down 5%. and then fiscal cliff stocks. by that nice run up year to date. people wanting to lock in at 2012 gains and/or a dividend play like at and t and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> this seems like the perfect opportunity if you wanted to sell stock but were afraid of missing out you could use a stock replacement strategy. >> we talk about it in the web extra. also you can buy puts. we saw another name that had gone really well recently. we saw put buyers in bank of america and citi bank today. >> if you take a look at the various sectors that will likely get hit by fiscal cliff concerns you have a trade on a stock that lives at this cross roads. retail being impacted. high end consumer as well as financial industry. >> one of the hardest hit sectors were the bank stocks. some stocks in the financial sector acted pretty decently. american express is one of them. here is the stock up 18.5%. it is used as a proxy for a high
disney down 5%. and then fiscal cliff stocks. by that nice run up year to date. people wanting to lock in at 2012 gains and/or a dividend play like at and t and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> this seems like the perfect opportunity if you wanted to sell stock but were afraid of missing out you could use a stock replacement strategy. >> we talk...
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Dec 15, 2012
12/12
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cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this. i know it is a special situation, but what is going on here? >> well, that was a special situation, it was incredible disruption of the supply chain to the northeast, if you recall, only northern new jersey had to endure the odd, even rationing it shows you how isolated that was, but what is going on here, suze is that the united states is in the process of becoming energy independent, it is in the process of surpassing saudi arabia as the world's number one producer of oil. because of the shale drilling that going on, mostly in the middle of the country. there is also a massive expansion of a big refinery down in texas, that the saudis are working o
cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this. i know it is a special situation,...
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Dec 3, 2012
12/12
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FOXNEWSW
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if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and focus on hiking taxes. that is the gist of the statement. what do you think of that? >>guest: it does not do it. hiring some people -- higher income people pay a disproportional share of the taxes. and they should. but if you bring the rates back to the rate before president bush it doesnot raise enough to get us to ball. you have to curb the increase in spending on the entitlement programs. if you don't do that, and they are the biggest driver of debt, so, the american people, i think, are ready for us to do something that looks according to conventional politics like a bad idea politically, but, actually, i thin
if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and...
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Nov 14, 2012
11/12
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FBC
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business down with president obama to discuss the fiscal cliff. i keep thinking if we got 10 business people in a room we could solve this thing. >> and he has 12 business people in the room. american express, dow chemical, general electric, all different perspectives you got, but some people are pointing out some of the absentee, wall street in particular. essentially saying to continue conversations with wall street executives. especially when it comes to the fiscal cliff, spoke to a few of them on the way in, no concrete answers on what they hope to address with the president. half the participants involved in some way whether it is the child's counsel for a number of different months, while the meeting is underway hopefully see these guys within the next hour or so. a pretty big day, the president giving a news conference opening oup a bit commission encouraged by some of the news that came out of the news conference specifically willing to look at tax reform, a serious look at entitlement and perhaps even discretionary spending cuts. that is
business down with president obama to discuss the fiscal cliff. i keep thinking if we got 10 business people in a room we could solve this thing. >> and he has 12 business people in the room. american express, dow chemical, general electric, all different perspectives you got, but some people are pointing out some of the absentee, wall street in particular. essentially saying to continue conversations with wall street executives. especially when it comes to the fiscal cliff, spoke to a...
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Dec 24, 2012
12/12
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live for the latest on the fiscal cliff negotiations. >>> hi, i'm desiree sanchez, i'd like to wish everyone a -- ♪ [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. >>> that wraps up things for me on this christmas eve. thomas roberts picks up our live coverage next hour. we'll have more on tag romney's new comments that his father wanted to be president less than anyone that he has met. first, here's some holiday wishes from all the people behind the scenes at msnbc who work to bring the news every day all year. ♪ >> happy holidays. >> happy holidays. >> have a very happy new year. >> happy holidays. >> happy holidays. ♪ >> happy new year from andrea mitchell reports. >> from news nation. >> merry christmas. >> felize navidad. >> happy festivus. >> happy holidays from the cycle. ♪ >> happy holidays from the alex witt team. >> happy holidays from up with chris hayes. >>
live for the latest on the fiscal cliff negotiations. >>> hi, i'm desiree sanchez, i'd like to wish everyone a -- ♪ [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. >>> that wraps up things for me on this christmas eve. thomas roberts picks up our live coverage...
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Nov 29, 2012
11/12
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KPIX
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wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the dollar bill be going the way of the doo-doo. a congressional panel is once again calling for the u.s. to stop printing singles and switch entirely to dollar coins. the nonpartisan panel believes it could save taxpayers money. it's more expensive to produce coins but they last about six times longer than paper bills. and you'll need some extra coins to buy starbucks latest. the coffee king is selling a new brew that will set you back $7 for a grande cup. it's made from a rare been grown in costa rica. if you want to brew a cup at home, a bag of th
wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the...
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Nov 26, 2012
11/12
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they just said that. >> as far as the fiscal cliff goes. what they want us to say is we agree to higher taxes today for the promise of looking at spending in the future. i mean, come on. this is never going to happen unless we cut spending now. it's a shell game -- >> to bring it in is -- >> you keep saying is that as much as you want -- >> it's totally part -- it's the spirit of the whole question. >> i don't think so. >> gentlemen, thank you for joining us today. appreciate it very much. we need to drill more to make ourselves energy independent. let's discuss that as part of the fiscal cliff as well? >> has nothing to do with spending. >> exactly. >> but social security has everything to do with spending. >> not as it pertains to the fiscal cliff. where were we? headed to the close. 20 minutes left in the trading day. look at that, still going steady with dow down 35 points. >> your portfolio hangs in the balance. coming up, top strategists weigh in on how you should invest now. >> fired for not getting a flu shot? that's what happened t
they just said that. >> as far as the fiscal cliff goes. what they want us to say is we agree to higher taxes today for the promise of looking at spending in the future. i mean, come on. this is never going to happen unless we cut spending now. it's a shell game -- >> to bring it in is -- >> you keep saying is that as much as you want -- >> it's totally part -- it's the spirit of the whole question. >> i don't think so. >> gentlemen, thank you for joining us...
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Nov 27, 2012
11/12
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FBC
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eye 136
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if congress is unable to prevent the fiscal cliff, our lawmakers could send the entire world economy into a recession. steve moore is here, senior economics writer at the "wall street journal." he joins us now from washington, d.c. will they prevent it, steve? >> the good news is, no one should ever listen to what they say. but, you know, these go sheesh and keep rolling on. my sources on capitol hill say that there is still a lot of gridlock there. the main thing, in my opinion, can they reach a deal on these taxes that does not require all of the requirements of business to go up? dagen: do think that happened, because again, there are so many taxes that we need to worry about, the lawmakers never fixed it for 2012. if they do not fix that, it will hit 33 million americans. the payroll tax cut. will that go away, because, again, it was temporary ones, temporary twice and it will still be a higher tax. >> im so glad you brought up the amt. nobody has really been focusing on this. that would be bigger than even extending the bush tax cuts. you are talking about $2 trillion in additio
if congress is unable to prevent the fiscal cliff, our lawmakers could send the entire world economy into a recession. steve moore is here, senior economics writer at the "wall street journal." he joins us now from washington, d.c. will they prevent it, steve? >> the good news is, no one should ever listen to what they say. but, you know, these go sheesh and keep rolling on. my sources on capitol hill say that there is still a lot of gridlock there. the main thing, in my...
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Dec 11, 2012
12/12
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i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler ideas? no. they attacked the president. each time when i asked for ideas on what to cut. like right now. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is the president's fault. i might have well have been a mannequin. they he want to talk about raising taxes of the rich. but it can't be dismissed as part of the mosaic that will get the gove
i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i...
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Dec 7, 2012
12/12
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MSNBCW
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potential impact they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: the other big issue here on capitol hill, raising the debt limit. the president wants a new authority. mitch mcconnell filibustered his own bill. the senate minority leader filibustered his own bill that he had raised earlier about raising the debt ceiling. he called for a vote. democrats called his bluff and agreed to the vote. then he talked
potential impact they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a...
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Nov 8, 2012
11/12
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WMAR
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. >>> the buzz words following the election fiscal cliff. how can to impact you down the road. >>> jesse jackson will be in baltimore. the issues he will discuss next. >>> you want temperatures today and coming in at 39 degrees. 41 under partly sunny skies. go to our app store and down load the app and get the temperature where you live. we'll be right back. >>> now annoyed did you get on your facebook on election day. were you not alone if if you defriended someone. >> that's harsh. and a poll and 47% of people responded saying they cut someone out of their facebook life because of election comments. >> whatever happened to agreeing to disagree. >>> and mitt romney thought he had a fighting chance at the white house. >> now they have come and gone. what is next for him. and we go to chicago with a look ahead for the presidential nominee. >> reporter: after the battle followed by campaigning to win the white house, it is the end of one road for mitt romney. >> i so wish i had been able to fulfill your hopes to lead the country in a different
. >>> the buzz words following the election fiscal cliff. how can to impact you down the road. >>> jesse jackson will be in baltimore. the issues he will discuss next. >>> you want temperatures today and coming in at 39 degrees. 41 under partly sunny skies. go to our app store and down load the app and get the temperature where you live. we'll be right back. >>> now annoyed did you get on your facebook on election day. were you not alone if if you defriended...
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100
Oct 26, 2012
10/12
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CNBC
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eye 100
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cliff and when i'm down at the new york stock exchange, it seems like every day there are ceos down there that i'm interviewing, urging washington to basically reach across the aisle, make a deal and avoid the fiscal cliff. how big a concern is it to your company and also to the companies that you invest in? >> well, certainly we are concerned. we're all looking forward to the end of this election cycle. quite a bit of advertising in our markets, as you know. >> yes. i'm sure you're ready for this election. >> we haven't seen a commercial other than a political one in some time. however, small pis today is more concerned -- less about big policy issues in washington and more concerned about their business, whether they can be competitive, do they have capital to be competitive, and certainly that's first and foremost to small business today. >> mr. rosen, thank you for joining us. pleasure to speak with you. >>> let's go over to seema mody with a "market flash" for us. >> i got my eye on some of the newspaper names. "new york times" losing 22% over the past three days after reportin
cliff and when i'm down at the new york stock exchange, it seems like every day there are ceos down there that i'm interviewing, urging washington to basically reach across the aisle, make a deal and avoid the fiscal cliff. how big a concern is it to your company and also to the companies that you invest in? >> well, certainly we are concerned. we're all looking forward to the end of this election cycle. quite a bit of advertising in our markets, as you know. >> yes. i'm sure you're...
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Dec 24, 2012
12/12
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WUSA
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with gritd lock in budget -- gridlock in washington over a budget, we inch closer to the fiscal cliff. the dow down 1 two points -- 120 points. the s&p down 13 and a half points. the stock market is on track for its fourth straight year of games. the dow sup overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the market will be closed tomorrow for the christmas holiday. but there will still be plenty of economic reports to sift through this week, including the latest on home prices and sales. consumer confidence as well as jobless claims. >>> washington's failure to agree on a budget is affecting americans's confidence about their finances. the university of michigan says its consumer sentiment index for december fell sharply from november's five-year high. more than one in four people surveyed cited concerns about higher taxes. >>> twinkies, wonder bread and devil dogs could soon return to store shelves but another company will be making them. bankrupt hostess brand says it's narrowing down the bids it received for its brands. it expects to sell off its snacks a
with gritd lock in budget -- gridlock in washington over a budget, we inch closer to the fiscal cliff. the dow down 1 two points -- 120 points. the s&p down 13 and a half points. the stock market is on track for its fourth straight year of games. the dow sup overall nearly 8%. the nasdaq has rallied more than 15% so far this year. the market will be closed tomorrow for the christmas holiday. but there will still be plenty of economic reports to sift through this week, including the latest...
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Nov 11, 2012
11/12
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CNBC
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disney down 5%. the worst dragon the dow today. and then fiscal cliff stocks. by that we mean nice run-up year to date or longer than that. people wanting to lock in at 2012 gains and/or a dividend play like at&t, which i've run up and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> right. >> you have all three of those. those would all be under pressure. >> this seems like the perfect opportunity if you wanted to sell stock but were afraid of missing out you could use a stock replacement strategy. >> you can use a stock replacement strategy >> we talk about it in the web extra. also you can buy puts. we saw another name that had done really well or a couple of names recently. that is some of the banks. we saw put buyers in bank of america and citi bank today. people who don't want to give away that big run that they've had this year. >> if you take a look at the various sectors that will likely get hit by fiscal cliff concerns dan, you have actu
disney down 5%. the worst dragon the dow today. and then fiscal cliff stocks. by that we mean nice run-up year to date or longer than that. people wanting to lock in at 2012 gains and/or a dividend play like at&t, which i've run up and also provide a yield t. is a double whammy. >> and also defense stocks. so you have the defense stocks which would be directly impacted by the fiscal limitation. >> right. >> you have all three of those. those would all be under pressure....
WHUT (Howard University Television)
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Nov 8, 2012
11/12
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WHUT
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sentiment was weighed down heavily as investors anticipate a fiscal cliff in the u.s. tokyo's nikkei average ended 1.5% lower, extending losses to four days. south korea's kospi lost 1.1%. hong kong shares were down 2.4%. looking at currencies, the yen is keeping a firm tone against the dollar and euro. traders are buying safer currencies like the yen due to a cautious outlook for the global economy. the dollar/yen right now 79.81 po 85. the dollar is also lower against the yen, currently 101.75 to 75. many market players are on the sidelines ahead of a european bank central policy meeting later today. >>> some key japanese economic indicators came out on thursday. they all show signs of a slowdown in business activities. the current account surplus for september shrank for first time in two months. this is a broad measure of foreign trade. finance ministry officials say the account surplus stood at $6.3 billion. that's down about 70% in yen terms compared to a year ago. the slide was mainly due to a trade deficit in september. sharp falls in exports to the eu and chin
sentiment was weighed down heavily as investors anticipate a fiscal cliff in the u.s. tokyo's nikkei average ended 1.5% lower, extending losses to four days. south korea's kospi lost 1.1%. hong kong shares were down 2.4%. looking at currencies, the yen is keeping a firm tone against the dollar and euro. traders are buying safer currencies like the yen due to a cautious outlook for the global economy. the dollar/yen right now 79.81 po 85. the dollar is also lower against the yen, currently...
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Nov 8, 2012
11/12
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CNBC
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fiscal cliff is now top of the mine. we don't believe that people can rise above and, for broker, it's just too easy a call to say, hey, take some profits and move on. we'll be right back. >> announcer: coming up, new priorities. >> bring ourselves from foreign oil. we've got more work to do. >> announcer: america's energy debate isn't stopping post-election. it's just heating up. will the desire for independence push energy service stocks like clean harbors higher, or it could crack down on fracking extinguish their flame? cramer finds out when he talks to the c.e.o. next. and, later, the election correction? the market obliterated anything romney today. cramer is rummaging through the romney rubble to find you diamonds in the rough. plus, in stable condition, the president gets another four years. and it appears obama care gets a clean bill of health. so where does that leave medical plays like opco health. tonight, cramer speaks to its c.e.o. to find out. all coming up on "mad money." >> announcer: don't miss a second
fiscal cliff is now top of the mine. we don't believe that people can rise above and, for broker, it's just too easy a call to say, hey, take some profits and move on. we'll be right back. >> announcer: coming up, new priorities. >> bring ourselves from foreign oil. we've got more work to do. >> announcer: america's energy debate isn't stopping post-election. it's just heating up. will the desire for independence push energy service stocks like clean harbors higher, or it...
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Dec 25, 2012
12/12
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CNNW
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road right to the fiscal cliff, and of course, they blamed each other. best supporters of gay rights, state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we put a stop to discrimination against gays and lesbians, whether in the office or in the battlefield. >> equality, you know, people should be able to do whatever they really want in life. >> worst disappointment for supporters of comprehensive immigration reform. the president promised but won't be able to deliver until his second term, although he issued an executive order allowing children of undocumented workers to stay in the u.s. for college. best supreme court win for the white house, health care reform remains the law of the land. >> i'm sure we'll still be talking about it in 2013, but the big overhaul that was promised by republicans, that's not going to happen. >> the court
road right to the fiscal cliff, and of course, they blamed each other. best supporters of gay rights, state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we put a stop to discrimination against gays and lesbians, whether in the office or in the battlefield. >>...
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Dec 7, 2012
12/12
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WBAL
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consumer spending is down. >> i want to thank tiffany. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down. between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >
consumer spending is down. >> i want to thank tiffany. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were...
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Oct 27, 2012
10/12
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FBC
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cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered undr this administration. those who don't have a job and are underemployed givg up then we have a group of ceos speaking up for t multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they com up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the economy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump out and got the ratedown.
cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered undr this administration. those who don't have a job and are underemployed givg up then we have a group of ceos speaking up...
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Nov 10, 2012
11/12
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WTTG
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cliff bearing down on us. so why not look on simpson bowles although it's over two years later? >> and looming for our area, possible massive job cuts if automatic pentagon cuts are not stopped. at risk, 207,000 jobs in virginia, 114,000 jobs in maryland and 127,000 jobs in the district. tom fitzgerald, fox 5 news. >>> new details tonight about the beating and robbery of an elderly woman in the district. police are now sharing how they tracked down the suspect. they used gps to locate tyran mcelrath. they say he broke into the victim's home in northwest wednesday, beat her unconscious and stole a computer. neighbors say the attack has shaken their sense of security. >> i'm putting bars on my lower basement windows. that's a decision i made after this because that seems to be the point of entry. >> investigators say when mcelrath was arrested, he told police he was sorry for what happened saying the victim could have been his own grandmother. >>> d.c. police are searching for a group of people accused of an arm
cliff bearing down on us. so why not look on simpson bowles although it's over two years later? >> and looming for our area, possible massive job cuts if automatic pentagon cuts are not stopped. at risk, 207,000 jobs in virginia, 114,000 jobs in maryland and 127,000 jobs in the district. tom fitzgerald, fox 5 news. >>> new details tonight about the beating and robbery of an elderly woman in the district. police are now sharing how they tracked down the suspect. they used gps to...
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Nov 9, 2012
11/12
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KRCB
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fiscal cliff issue. let's switch to currency as well. let's have a look at the currency levels now. 79.50 to 51. euro 101.30. a possible delay in greece receiving financial aid. let's have a look at some of the regions indexes as well. sou south korea's kospi is trading down. toyota motor executives are boosting vehicles. it's said to become the production center. toyota president made the announcement in bangkok during the 50th anniversary ceremonies for the firm's thai unit. >> in the near future we plan to build as many as one million vehicles a year. >> the goal is to churn out one and a half times more product than the current 6,000 units per year. toyota is the best selling auto maker in thailand. three plants roll out vehicles for domestic consumption to over 100 countries including the rest of southeast asia. >>> the indian government has approved a project to export rare earth metals to japan. japanese trading house and an indian firm have teamed .urces thursday. toyota executives are said to begin test operations next month at
fiscal cliff issue. let's switch to currency as well. let's have a look at the currency levels now. 79.50 to 51. euro 101.30. a possible delay in greece receiving financial aid. let's have a look at some of the regions indexes as well. sou south korea's kospi is trading down. toyota motor executives are boosting vehicles. it's said to become the production center. toyota president made the announcement in bangkok during the 50th anniversary ceremonies for the firm's thai unit. >> in the...
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Nov 29, 2012
11/12
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FBC
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there is a real danger of going off the fiscal cliff. >> we are not going to kick the can down the road. we're going to finalize this this year. this is no time for delay. the american people want us to avoid the fiscal cliff with a balanced approach. liz: he said, he said. good afternoon, everybody. i am liz claman, "countdown to the closing bell" starts right now. you heard it from the horses mouth. and it has gyrated the market. john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big
there is a real danger of going off the fiscal cliff. >> we are not going to kick the can down the road. we're going to finalize this this year. this is no time for delay. the american people want us to avoid the fiscal cliff with a balanced approach. liz: he said, he said. good afternoon, everybody. i am liz claman, "countdown to the closing bell" starts right now. you heard it from the horses mouth. and it has gyrated the market. john boehner said no substantial progress on...
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Nov 9, 2012
11/12
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CNBC
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fiscal cliff, raising taxes in a slow economy. all of it is coming home to roost. >> mike, we had the president come out saying that he will veto any legislation that allows the tax cuts to be extended for the highest earners. is that what poured water on the rally? >> it didn't hurt. obviously, there was no breakthrough. i think the one thing to take away from today's action was the fever kind of broke a little bit in terms of the market really being hyper actively responding to every little knnuance. i think the market would have liked to see a little more affirmative suggestions that were going to come closer together. i don't think it was something that alarmed everybody, considering the height of panic that built up over a couple days. >> all right, guys. thanks so much. appreciate that. it has been a week to forget for the bulls. tough week after the election. courtney reagan wraps up the big losers and mixes in a few silver linings on the upside. court, over to you. i don't hear her. okay. courtney reagan, obviously her mic
fiscal cliff, raising taxes in a slow economy. all of it is coming home to roost. >> mike, we had the president come out saying that he will veto any legislation that allows the tax cuts to be extended for the highest earners. is that what poured water on the rally? >> it didn't hurt. obviously, there was no breakthrough. i think the one thing to take away from today's action was the fever kind of broke a little bit in terms of the market really being hyper actively responding to...
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Dec 14, 2012
12/12
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FBC
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with no fiscal cliff deal in sight john boehner says he is on his way home to ohio. dennis: rich edson joins us from the beltway. if the house speaker's headed home his work is done or the chances of an accord are over? rich: somewhere in the middle and we are getting to the point where you won't see anything by christmas at least unless the two sides don't reach a deal by some time this weekend but after that meeting at the white house president obama, john boehner, aides say the two sides are as far apart as they have been for the past couple of weeks. still at an impasse. the lines of communication remain open so the stalemate continues. they want greater concessions, from republicans and tax rates to increase starting early next year for families earning $250,000 a year. for republican they want more concessions on spending cuts from democrats and entitleeent reform on the table and more democrats coming out saying medicare eligibility is off of the table and security of of the table and these are the moving farther apart than they were at the beginning of this p
with no fiscal cliff deal in sight john boehner says he is on his way home to ohio. dennis: rich edson joins us from the beltway. if the house speaker's headed home his work is done or the chances of an accord are over? rich: somewhere in the middle and we are getting to the point where you won't see anything by christmas at least unless the two sides don't reach a deal by some time this weekend but after that meeting at the white house president obama, john boehner, aides say the two sides are...
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Nov 14, 2012
11/12
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FBC
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talking about a pullback because of the fiscal cliff. our conviction is being tested in the president comes out doubling his demands on the increase of revenues through taxes. but still a relative basis, where is the right place to put money? we are seeing the portfolio revaluation but you are not going to get yields in treasury bonds right now. the fact is it is still a large-cap taxpayers with the best place to find yield and to find positive returns. cheryl: first they have the dividend issue, the tax issue more than 40% and the fact a lot of her clients are most likely high income earners who will be attacked, $1.6 trillion wants to go over the wealthy, go after your clients. >> again, i will say this, if there is no grand compromise, the monetary policy is not enough to hold this up, keep the market going. one of the names we have been considering it if we are wrong anand economize is not reached e think the tough market is under a lot of pressure. cheryl: what does that mean? what kind of a market we will have if they don't make a
talking about a pullback because of the fiscal cliff. our conviction is being tested in the president comes out doubling his demands on the increase of revenues through taxes. but still a relative basis, where is the right place to put money? we are seeing the portfolio revaluation but you are not going to get yields in treasury bonds right now. the fact is it is still a large-cap taxpayers with the best place to find yield and to find positive returns. cheryl: first they have the dividend...
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Dec 8, 2012
12/12
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MSNBCW
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. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. should be interesting. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won, they're trying to eliminate the winner-take-all system of awarding electoral votes. why not? that way republicans could win electoral votes in states they lose. that's a good deal. >>> new jersey governor chris christie finally meets his idol. new jersey's most famous resident, the man he has seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. [ male announcer ] take dayquil.
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. should be interesting. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the...
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potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal cliff. the president sat down with a couple, a teacher, a man who works at an auto dealership. they live with her family. the family says they're looking at a couple month's rent if they have to pay more taxes. the president reiterated he absolutely will not sign any deal that does not increase taxes on the wealthy in this country. he said the problem is solvable. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: now in a
potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal...